Group II Loans definition

Group II Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule.

Examples of Group II Loans in a sentence

  • This Certificate is primarily backed by the Group II Loans sold by DB Structured Products, Inc.

  • The Certificates are limited in right of payment to certain collections and recoveries respecting the related Group II Loans.

  • The Agreement permits, but does not require, the party designated in the Agreement to purchase all the Group II Loans and all property acquired in respect of any Group II Loan at a price determined as provided in the Agreement.

  • Any Group II Loans removed from the Trust Estate pursuant to Section 3.15(b) of the Servicing Agreement shall be property of the Issuer and, upon the written request of the Class SB-II Certificateholders holding 100% of the Certificate Percentage Interests of the Class SB-II Certificates, be released to the Class SB-II Certificateholders as a dividend and in accordance with the written instructions of such Certificateholders.

  • As provided in the Agreement, withdrawals from the Protected Accounts and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Group II Loans.


More Definitions of Group II Loans

Group II Loans. The Mortgage Loans designated as Group II Loans in Exhibit One.
Group II Loans. The Mortgage Loans designated on the Mortgage Loan Schedule attached hereto as Exhibit F-2. The Group II Loans relate to the Class A-II Certificates, Class M Certificates and Class SB Certificates.
Group II Loans. The Mortgage Loans designated on the Mortgage Loan Schedule attached hereto as Exhibit F-2 and Exhibit F-3, consisting of two sub-groups of mortgage loans referred to as the Group II-A Loans and the Group II-B Loans. The Group II Loans relate to the Class A-II Certificates, Class M-II Certificates and Class SB-II Certificates.
Group II Loans. Those Loans having original terms to maturity of not greater than fifteen (15) years and identified on the Loan Schedule as Group II Loans.
Group II Loans. The Home Equity Loans in Loan Group II.
Group II Loans. The HELOCs in Loan Group II.